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A10817 Summary:

BILL NOA10817A
 
SAME ASSAME AS S08143-A
 
SPONSORTowns
 
COSPNSRBenjamin, Clark
 
MLTSPNSRAlfano, Farrell, Raia, Saladino, Walker, Weinstein
 
Amd SS1303 & 1302, add S1304, RPAP L; add R3408, CPLR; amd Bank L, generally; amd S5-501, Gen Ob L; add Art 187 SS187.00 - 187.25, amd S460.10, Pen L; amd S700.05, CP L; add S265-b, RP L
 
Requires lender and mortgage loan servicers to give borrowers with high-cost home loans or higher-priced home loans notice before certain actions are taken; establishes all home loans shall be subject to certain standards and limitations; creates the crimes of residential mortgage fraud in the first, second, third, fourth and fifth degrees; relates to distressed property consulting contracts.
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